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LRN selected by Procter & Gamble for global education contract

Leading Ethics, Governance and Legal Compliance Provider to Support Training for P&G's Global Workforce

LOS ANGELES and CINCINNATI, April 29, 2004 -- LRN, a leading provider of ethics, governance and legal compliance education to Fortune 1000 companies, and The Procter & Gamble Company (NYSE:PG), a global leader in the development, manufacture and marketing of superior consumer and health care products, today announced LRN has been hired to make available a suite of online ethics and compliance training to P&G’s global workforce of over 100,000.

Procter & Gamble joins a community of global leaders including The Walt Disney Company, The Dow Chemical Company, DuPont, Ford Motor Company, Johnson & Johnson, MetLife, Pfizer, Raytheon and a growing number of the Fortune 500 companies who have made up to five-year commitments to help raise awareness and compliance with ethical and legal issues within their organizations.

Working with LRN, P&G employees will receive an interactive and entertaining web-based tutorial, an online handbook and other educational tools to help them identify, evaluate, and resolve any ethical or legal risks they might encounter in their job. The program includes up to 20 different languages including English, Spanish, French, Chinese, Japanese, Portuguese, Arabic, Russian and German to serve the company’s employees worldwide. There is also a management tool that measures progress and effectiveness of the training.

“P&G's corporate tradition is rooted in the principles of personal integrity, doing what is right for the long-term, respect for the individual, and being the best at what it does,” stated Dick Antoine, global human resources officer. “Working with LRN to provide online instruction will allow our employees to connect these principles to specific practices in our daily business conduct and to the current laws of governance in an easy-to-access web application. We anticipate this training will further help our employees around the world be more effective, and find relevant guidance in handling a variety of ethical and business conduct situations,” Antoine continued. “Procter & Gamble’s decision to hire LRN underscores P&G’s ongoing commitment to the ethics and values for which P&G is recognized throughout the world,” said Dov Seidman, Chairman and CEO of LRN. “A company cannot achieve over 165 years of consistent success without constant vigilance and adherence to these standards.”

About Procter & Gamble
Two billion times a day, P&G brands touch the lives of people around the world. The company has one of the largest and strongest portfolios of trusted, quality brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Bounty®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Actonel®, Olay® and Clairol Nice ‘n Easy®. The P&G community consists of nearly 98,000 employees working in almost 80 countries worldwide. Please visit www.pg.com for the latest news and in-depth information about P&G and its brands.

 

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